| Index | November Total Return |
| Ratchet | +0.11% |
| FixedFloater | +0.30% |
| Floater | +1.56% |
| OpRet | +1.13% |
| SplitShare | +1.70% |
| InterestBearing | -0.29% |
| PerpetualPremium | +1.02% |
| PerpetualDiscount | +1.33% |
The worst index-included issue for the month was MST.PR.A, an income-trust-backed interest-bearing issue that lost 1.52% on the month and now has a pre-tax YTW of 5.56% based on a bid of $10.34 and a maturity 2009-9-30.
There were a number of index-included issues with superb monthly performance, led by ACO.PR.A +3.75% (I don’t understand it – see November 29 – it’s trading a lot, but the yield is very low), closely followed by FFN.PR.A +3.49% (which is simply ridiculous.
The pre-rebalancing preliminary indices can be downloaded here. Note that everything in this is subject to change as my final indices get caught up.
Update & bump, 2006-12-01 : The indices have now been rebalanced. Changes are
| Ticker | From Index | To Index | Reason |
| BC.PR.E | Ratchet | Scraps | Volume |
| CGI.PR.C | SplitShares | Scraps | Volume |
| BAM.PR.I | OpRet | Scraps | Volume |
| MFC.PR.C | PerpetualDiscount | PerpetualPremium | Price |
| CM.PR.I | PerpetualDiscount | PerpetualPremium | Price |
| WN.PR.E | PerpetualDiscount | PerpetualPremium | Price |
| BAM.PR.M | – | PerpetualDiscount | New Issue, 11/20 |
| CM.PR.I | – | PerpetualDiscount | New Issue, 11/15 |
| RY.PR.C | – | PerpetualPremium | New Issue, 11/1 |
The revised indices can be downloaded here.